Saxony Capital Management LLC Purchases 90 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Saxony Capital Management LLC grew its position in shares of SPDR Gold Shares (NYSEARCA:GLD) by 2.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 3,284 shares of the exchange traded fund’s stock after acquiring an additional 90 shares during the period. Saxony Capital Management LLC’s holdings in SPDR Gold Shares were worth $795,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. RDA Financial Network raised its stake in shares of SPDR Gold Shares by 1.8% during the third quarter. RDA Financial Network now owns 5,064 shares of the exchange traded fund’s stock valued at $1,231,000 after acquiring an additional 88 shares during the last quarter. Advance Capital Management Inc. raised its stake in SPDR Gold Shares by 9.4% in the fourth quarter. Advance Capital Management Inc. now owns 3,683 shares of the exchange traded fund’s stock worth $892,000 after buying an additional 316 shares in the last quarter. Centaurus Financial Inc. raised its stake in SPDR Gold Shares by 10.1% in the second quarter. Centaurus Financial Inc. now owns 39,597 shares of the exchange traded fund’s stock worth $8,514,000 after buying an additional 3,630 shares in the last quarter. Inspirion Wealth Advisors LLC raised its stake in SPDR Gold Shares by 0.8% in the third quarter. Inspirion Wealth Advisors LLC now owns 6,180 shares of the exchange traded fund’s stock worth $1,502,000 after buying an additional 50 shares in the last quarter. Finally, GSA Capital Partners LLP bought a new position in SPDR Gold Shares in the third quarter worth about $564,000. 42.19% of the stock is owned by institutional investors.

SPDR Gold Shares Price Performance

GLD stock opened at $258.05 on Friday. SPDR Gold Shares has a 1 year low of $183.78 and a 1 year high of $258.29. The firm has a 50-day moving average of $246.21 and a 200 day moving average of $240.38.

SPDR Gold Shares Company Profile

SPDR Gold Trust (the Trust) is an investment trust. The investment objective of the Trust is for the Shares to reflect the performance of the price of gold bullion, less the Trust’s expenses. The Trust’s business activity is the investment of gold. The Trust creates and redeems Shares from time to time, but in one or more Baskets (a Basket equals a block of 100,000 Shares).